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20130117
20130125
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in the pass that's frankly unfathomable. i remember why it went to 5, 6. bank of america is a law firm that is -- it's like -- it looks a lot like a bank because there's tellers, but in the end it's a law firm, associates and partners. the international consumer trends i like, but citi moved a lot. you always want your banks to put on a best face. anyone who went through the conference call -- actually there's more hue mill to goldman. there was a noeshs things are great. i look at these and it's like, well, i'm trying to understand international. this is a bank in flux, citi, i think it's trying to fish out what it is. when it does, the stocks will go higher. >> i think there was a higher expectations, and that may have impacted the number. as you say, just going through the numbers. debt valuation adjustment, 485 million, a billion repositioning charge, legal charges of 1.3 billion, reserve releases, i want only 86 million, 'opposed to an expectation. it will be tenfold that, so you end up with the number, but we'll see. >> -- >> david, would you characterize it as a pandit quarter o
with not passing a budget even though there's a law, the 1974 budget act, that requires congress by law to pass a budget? what's the enforcement of that? well, there's going to be enforcement after today. and the enforcement is you're not going to get paid like most of the american people do when you dornt do your job. >> right. salary would say go into escrow until the chamber does pass a budget. questions about constitutionality about that though. what do you make of them? >> well, look, we wouldn't be passing it if we didn't think it was constitutional, and the fact of the matter is if the house of representatives passes this with a majority instructing the treasury to withhold our pay if we don't pass a budget, we believe that's constitutional, as does the senate. if you vote with the majority vote, you can withhold our pay. look, what are we talking about if we hit the debt limit? we're not going to pay military personnel. we're not going to pay all those other things we're contractually obligated to do, the same thing with our own pay. if we can't start with ourselves, how can we threaten
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